The cost of No Deal revisited

Anand Menon, Catherine Barnard, Matthew Bevington, Charlotte Burns, Josh De Lyon, Swati Dhingra, John Garry, Colin Harvey, Tamara Hervey, Carmen Hubbard, Hussein Kassim, Craig McAngus, Philip McCann, Jean McHale, Raquel Ortega Argiles, Steve Peers, Jonathan Portes, John-Paul Salter, Thomas Sampson, Simon UsherwoodAlan Wagner

Research output: Book/ReportCommissioned report

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Abstract

A no deal Brexit will have a potentially large impact across a wide range of sectors and regions The UK in a Changing Europe’s report, Cost of No Deal Revisited, finds.

A chaotic Brexit – where the UK fails to sign a withdrawal agreement – would generate short-term uncertainties including the disappearance, without replacement, of many of the rules underpinning the UK’s economic and regulatory structures.

The impacts would be felt significantly in agriculture, financial services, air transport, drugs and on EU citizens in the UK and British citizens living elsewhere in Europe.

Under a no deal outcome, mitigating measures will prove problematic. The EU is unlikely in the extreme to countenance negotiation of ‘mini deals’ to mitigate the impact of no deal as long as the key withdrawal issues remain unresolved.
Original languageEnglish
PublisherThe UK in a Changing Europe
Publication statusPublished - 3 Sep 2018

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